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JMM Lee Properties announced in 2012 the reintroduction of Caloric appliances beginning with a line of stainless steel ovens and ranges in the fall of 2012. They plan on adding more built-in and countertop appliances over the following year. [7] In Canada, J.A.K. North America Inc. has the rights to market Caloric branded appliances. [8]
The Trivection oven is a convection microwave created by General Electric, which combines radiant heat, convection, and microwaves for customized cooking. According to GE, it cooks food five times faster than a traditional oven. [1] Alton Brown, host of Good Eats, was involved in developing the oven. [2]
The development work was done at the same R&D location by a team led by Bill Moreland and Terry Malarkey. The ranges were priced at $1,500 ($8,260 in 2017 dollars), including a set of high quality cookware made of Quadraply, a new laminate of stainless steel, carbon steel, aluminum and another layer of stainless steel (outside to inside).
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From 2010 to late 2014, GE Appliances & Lighting was a sub-business under GE Home & Business Solutions. [ 12 ] On September 8, 2014, General Electric agreed to sell the company to Electrolux , a Swedish appliance manufacturer and the second-largest consumer appliance manufacturer after Whirlpool Corporation , for US$3.3 billion in cash.
Also in 2007, GE Oil & Gas acquired Vetco Gray for $1.9 billion, [73] [74] followed by the acquisition of Hydril Pressure & Control in 2008 for $1.1 billion. [75] [76] GE Plastics was sold in 2008 to SABIC (Saudi Arabia Basic Industries Corporation). In May 2008, GE announced it was exploring options for divesting the bulk of its consumer and ...
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